The price of coffee dropped from 18.40 a kilo to 13.80 a kilo what was the percent decrease?
To find the percent decrease, we can use the formula:
Percent Decrease = ((Initial Value - Final Value) / Initial Value) * 100%
In this case, the initial value is $18.40 per kilo and the final value is $13.80 per kilo. Let's calculate the percent decrease:
Percent Decrease = ((18.40 - 13.80) / 18.40) * 100%
Percent Decrease = (4.60 / 18.40) * 100%
Percent Decrease = 0.25 * 100%
Percent Decrease = 25%
So, the percent decrease is 25%.